Emerging markets are betting on the post-tariffs winner
Written by Black Hot Fire Network on April 25, 2025
Visitors look at the city skyline from a park in Kuala Lumpur on September 30, 2021. (Photo by Mohd RASFAN / AFP) (Photo by MOHD RASFAN/AFP via Getty Images)
Mohd Rasfan | Afp | Getty Images
Emerging markets have found themselves between a rock and a hard place amid an escalating trade war, seemingly forced to choose between China and the U.S. But there's another way: they're backing themselves.
"Southeast Asian countries, including Malaysia, have to negotiate with the U.S. to come up with some sort of a soft-landing spot . . .